Plantronics

Plantronics is a global leader in audio communications for businesses and consumers. We have pioneered new trends in audio technology, creating innovative products that allow people to simply communicate. From unified communication to Bluetooth® headsets to gaming solutions, we deliver uncompromising quality, an ideal experience, and extraordinary service. Plantronics is used by every company in the Fortune 100™, as well as 911 dispatch, air traffic control and various mission critical applications for those on the frontline.

Company Growth (employees)
Type
Public
HQ
Santa Cruz, US
Size (employees)
3,852 (est)+14%
Plantronics is headquartered in Santa Cruz, US

Key People at Plantronics

Ken Kannapan

Ken Kannapan

Chief Executive Officer, President & Director
Barry Margerum

Barry Margerum

Chief Strategy Officer
Donald S. Houston

Donald S. Houston

Senior Vice President, Sales
Marilyn Mersereau

Marilyn Mersereau

Senior Vice President, Marketing & Chief Marketing Officer
Richard Pickard

Richard Pickard

Vice President, Legal, General Counsel and Secretary
Pamela Strayer

Pamela Strayer

Senior Vice President & Chief Financial Officer
Joe Burton

Joe Burton

EVP, Chief Commercial Officer
Alejandro Bustamante

Alejandro Bustamante

Senior Vice President of Operations

Plantronics Office Locations

Plantronics has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal Street

Plantronics Data and Metrics

Plantronics Financial Metrics

Plantronics's revenue was reported to be $881.2 m in FY, 2017 which is a 3% increase from the previous period.
USD

Revenue (FY, 2017)

881.2 m

Revenue growth (FY, 2016 - FY, 2017), %

3%

Gross profit (FY, 2017)

441.4 m

Gross profit margin (FY, 2017), %

50%

Net income (FY, 2017)

82.6 m

EBIT (FY, 2017)

125.1 m

Market capitalization (17-Aug-2017)

1.4 b

Cash (31-Mar-2017)

302 m
Plantronics's current market capitalization is $1.4 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

818.6 m865 m856.9 m881.2 m

Revenue growth, %

6%(1%)3%

Cost of goods sold

392 m403.4 m422.2 m439.8 m

Gross profit

426.6 m461.6 m434.7 m441.4 m

Gross profit Margin, %

52%53%51%50%

Operating expense total

286.5 m312.5 m326.6 m316.3 m

EBIT

140.1 m149.1 m108 m125.1 m

EBIT margin, %

17%17%13%14%

Interest expense

238 k241 k25.1 m(29.2 m)

Interest income

1 m3.8 m

Pre tax profit

141.1 m145.3 m82.2 m101.7 m

Income tax expense

28.7 m33 m13.8 m19.1 m

Net Income

112.4 m112.3 m68.4 m82.6 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

216.7 m215.8 m231.8 m206.4 m215 m225.7 m223.1 m216.2 m232.9 m

Cost of goods sold

102 m98 m111.9 m99 m104 m116.2 m110 m105.7 m122.8 m

Gross profit

114.7 m117.8 m119.9 m107.4 m111 m109.5 m113.1 m110.4 m110.2 m

Gross profit Margin, %

53%55%52%52%52%49%51%51%47%

EBIT

37.8 m37.9 m40.6 m29.4 m34.1 m26.6 m31.3 m32 m31.9 m

EBIT margin, %

17%18%18%14%16%12%14%15%14%

Interest income

1 m(685 k)(2 m)

Pre tax profit

38.8 m37.2 m38.6 m26.3 m24.6 m19.8 m26.3 m26 m25 m

Net Income

28.7 m27.4 m30.4 m21.2 m17.9 m16.3 m20.4 m20.5 m22.2 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017

Cash

350 m277.4 m209.3 m228.8 m232.7 m276.9 m235.3 m302 m

Accounts Receivable

138.3 m136.6 m128.2 m141.2 m

Inventories

55.5 m

Current Assets

556.3 m602.7 m597 m699 m

PP&E

134.4 m139.4 m149.7 m150.3 m

Total Assets

811.8 m876 m933.4 m1 b

Accounts Payable

30.8 m32.8 m39.1 m42.9 m

Current Liabilities

97.6 m94.8 m109.2 m117.2 m

Total Liabilities

635 m

Additional Paid-in Capital

663.5 m717.8 m769.5 m818.8 m

Retained Earnings

123.4 m210 m257.3 m319.9 m

Total Equity

698.7 m727.4 m312.4 m382.2 m

Financial Leverage

1.2 x1.2 x3 x2.7 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

235.3 m268.2 m280.4 m475.4 m304.8 m219.1 m227.5 m244.5 m242.5 m

Accounts Receivable

150.8 m140.4 m157.3 m127.2 m139.9 m136.4 m133.2 m136.8 m141.3 m

Inventories

61 m63.6 m57.7 m55.9 m57.8 m55.7 m53.9 m52.7 m58 m

Current Assets

565.6 m592.2 m623 m805.3 m659.1 m612.4 m612.6 m639.9 m645.6 m

PP&E

137 m138.3 m139.3 m139.1 m143.2 m145.3 m151.9 m152.3 m150.7 m

Total Assets

829.7 m861.3 m894.4 m1.1 b907.2 m917.5 m931.9 m960.5 m972.7 m

Accounts Payable

36.8 m38.9 m33.2 m38.4 m43.2 m39.7 m46.8 m42.8 m40.7 m

Current Liabilities

98.2 m95 m98.7 m93.9 m103.9 m102.9 m107.5 m114.2 m106.7 m

Common Stock

776 k779 k782 k790 k792 k792 k799 k802 k802 k

Additional Paid-in Capital

673.5 m689.3 m704.4 m731.4 m746.2 m754.9 m778.2 m791.6 m801.2 m

Retained Earnings

145.7 m166.6 m190.6 m225.4 m238.1 m249.3 m272.7 m288.2 m305.4 m

Total Equity

713.7 m747.5 m776.2 m456.4 m293 m303.4 m310.6 m330.7 m350.1 m

Financial Leverage

1.2 x1.2 x1.2 x2.3 x3.1 x3 x3 x2.9 x2.8 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

112.4 m112.3 m68.4 m82.6 m

Depreciation and Amortization

15.6 m18.7 m20.1 m21 m

Accounts Receivable

(11 m)4.3 m8.4 m(13.9 m)

Inventories

(3.8 m)

Accounts Payable

(6.3 m)(62 k)5.4 m4.4 m

Cash From Operating Activities

141.5 m154.4 m146.9 m138 m

Capital Expenditures

(23.2 m)

Interest Paid

12.8 m27.8 m

Income Taxes Paid

31 m33.8 m25.5 m20.9 m

Free Cash Flow

114.8 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

28.7 m27.4 m30.4 m21.2 m17.9 m16.3 m20.4 m20.5 m22.2 m

Accounts Receivable

150.8 m140.4 m157.3 m127.2 m139.9 m136.4 m133.2 m136.8 m141.3 m

Accounts Payable

36.8 m38.9 m33.2 m38.4 m43.2 m39.7 m46.8 m42.8 m40.7 m
USDY, 2017

Revenue/Employee

243.1 k

Financial Leverage

2.7 x

Plantronics Operating Metrics

Plantronics's Backlog was reported to be $18.6 m in FY, 2017. Plantronics's Distribution Centers was reported to be 7 in FY, 2017. Plantronics's Customers was reported to be 500 in FY, 2017
FY, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016FY, 2017

Backlog

$24.3 m$23.4 m$18.6 m

Patents Issued

704774719719719803

Patents Pending

149132179179179119

Products

16 k16 k16 k16 k16 k16 k

Distribution Centers

777777

Customers

500500500500500500

Countries

808080808080

Partners

15.75 k15.75 k15.75 k15.75 k15.75 k15.75 k

SaaS Customers

5080100

    Plantronics Market Value History

    Plantronics Revenue Breakdown

    Plantronics Job Categories

    Plantronics Median Salaries

    Source: 30 public H-1B filings from Plantronics

    Traffic Overview of Plantronics

    Plantronics Online and Social Media Presence

    Plantronics News and Updates

    The BackBeat 500 Series is Plantronics’ latest attempt at mid-range headphones

    Today, prosumer audio gear manufacturer Plantronics announced the BackBeat 500 Series, which is the Californian firm’s latest stab at the middle-range of the headphones market. The wireless headphones offer a lightweight design and a battery that promises to endure, with up to 18 hours of listening …

    Plantronics BackBeat Pro 2: Bose-level wireless noise cancelling on a budget

    24 hours of battery life, good controls and lots of bass will sound great to many, but if you’re a fan of classical music, look elsewherePlantronics promises top-end noise cancelling wireless headphones for a third-less than market leaders, but do the new BackBeat Pro 2s really deliver?The new BackB…

    Plantronics BackBeat Pro 2 headphones beat most competitors for half the money

    Two years ago, Plantronics, a company best-known for Bluetooth headsets, released the BackBeat Pro, a pair of full-sized, wireless, noise-cancelling headphones with a ton of options for 250 bucks.  Back then, the iPhone still had a headphone jack, and wireless headphones that could also cancel o…

    Plantronics launches wireless, noise-cancelling headphones for $199

    When Plantronics launched its BackBeat Pro headphones in 2014, it instantly filled a niche that didn't have many worthy contenders: that of wireless, noise-cancelling, over-the-ear headphones.  Now, the company has a sequel. The BackBeat Pro 2 headphones have roughly the same set of features as …

    Plantronics Rig 800 has 24 hours of battery life for your marathon gaming sessions

    Plantronics is working to capture a bigger piece of the gaming-headset market, and it’s launching a new wireless audio device with insane battery life to compete. After announcing the PlayStation VR-compatible Rig 4VR, Plantronics also revealed the new Rig 800 headset that comes in models for PlaySt…

    How Plantronics engineered an audio headset for PlayStation VR

    Unlike the Oculus Rift, PlayStation VR doesn’t have built-in headphones, but that doesn’t mean you’ll have to settle for something ill-suited for virtual reality. Plantronics has partnered with Sony to unleash the Rig 4VR audio headset. These $70 earphones debut alongside PSVR in October, even featu…

    Plantronics Company Life and Culture

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